Markets

Bitcoin reached $2,000 for the first time in its history, pushing the cryptocurrency to a new record amid rising trader interest and sustained investor buying pressure.

Bitcoin crossed the $1,000 mark for the first time since early 2014, marking a dramatic milestone as the cryptocurrency begins 2017 with strong momentum and investor interest.

Bitcoin's price approached $1,000 per coin in late December 2016, marking a significant milestone and reflecting the cryptocurrency's substantial gains throughout the year.

China's tightening capital controls created unprecedented demand for bitcoin as citizens sought to move wealth outside the country, driving bitcoin prices to record levels in Chinese markets.